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Facebook on Tuesday said the coronavirus pandemic has users flocking to its services while it undermines ad revenue on which the world’s biggest social network depends.

Facebook ramps up efforts to curb ‘hateful content’ in ads

Facebook said Friday it would ban a “wider category of hateful content” in ads as the embattled social media giant moved to respond to growing protests over its handling of inflammatory posts.
Nigerian National Petroleum Corporation (NNPC)

NNPC explains parameters for employment, career progression

The Nigerian National Petroleum Corporation (NNPC) has explained the parametres for employment as well as career progression in the corporation, using the recently concluded Graduate Trainee employment process as well as top Management promotion exercise executed by the corporation as an illustration.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Transactions remain upbeat on NSE, indices up 1.09 per cent

The nation’s bourse maintained a bullish mood on Tuesday with the key performance indices increasing further by 1.09 per cent on gains by some blue chips.
Anglo-Dutch consumer giant Unilever reported Thursday a slight rise in first quarter sales and said the coronavirus has caused hygiene product sales to rocket while those of ice cream melted.

Unilever donates products to support fight against coronavirus

Speaking on this initiative, the Director, Corporate Affairs and Sustainable Business, Ghana and Nigeria, Mrs. Soromidayo George, commended the states and federal governments for leading effectively in the COVID-19 crisis and demonstrating capabilities to stem the spread of the virus with adequate preparation of the right infrastructure set up for affected people to be treated.
Anglo-Dutch consumer giant Unilever reported Thursday a slight rise in first quarter sales and said the coronavirus has caused hygiene product sales to rocket while those of ice cream melted.

Unilever sees pandemic changing consumer demand

Anglo-Dutch consumer giant Unilever reported Thursday a slight rise in first quarter sales and said the coronavirus has caused hygiene product sales to rocket while those of ice cream melted.
President of the Nigerian Senate, Ahmad Lawan, has described the late Buhari’s Chief of Staff, Mallam Abba Kyari, as an experienced lawyer and banker.

Abba Kyari: Arewa forum sends message to Buhari

The Arewa Consultative Forum (ACF) has commiserated with President Muhammadu Buhari over the death of his Chief of Staff, Abba Kyari.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes April trading with 0.94 per cent loss

Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Stock market nosedives 0.14% as investors lose N16 billion

The effect of coronavirus, COVID-19, on Tuesday continued to ravage the stock market as its nosedived by 0.14 percent or 14 bases points, bps with investors losing N16 billion of their investment.
The Board of Unilever Nigeria Plc has appointed Mr. Carl Cruz as its new managing Director.

Unilever Nigeria appoints Carl Cruz as managing director

The Board of Unilever Nigeria Plc has appointed Mr. Carl Cruz as its new managing Director. Mr. Cruz takes over the management and leadership of the company effective 1st February 2020. He comes with...
Nigerian Stock Exchange NSE

NSE: Trading defies inflation figure, index up 0.90 per cent

The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.

Border closure: ECOWAS countries reject Nigerian goods

Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.

Border closure: Cassava gaining more industrial relevance – association

Nigeria’s closure of its land borders will increase industrial use of cassava and other local agricultural produce, the National Cassava Processors and Marketers Association (NCAPMA) has said.
Nigerian Stock Exchange NSE

NSE: All-Share Index drops to 26,000 mark again

The Nigerian Stock Exchange (NSE) All-Share Index on Friday lost 98.45 points or 0.36 per cent to close lower at 26,987.45 mark.

World Bank: Neglect of agriculture cost Nigeria $10 billion annually

The World Bank’s Senior Agriculture Economist, Adetunji Oredipe, says Nigeria’s neglect of the agricultural sector has cost the country about $10 billion annually.
Nigerian Stock Exchange NSE

Pressure on equities as investors lose N200 billion

Sustained sell-offs in highly capitalised stocks trading on the floor of the Nigerian Stock Exchange (NSE) was the theme this week as investors lost a total of N200 billion Week-on-Week.
Nigerian Stock Exchange NSE

NSE maintains positive posture on low price attraction, quarter end activities

Trading activities on the Nigerian Stock Exchange (NSE) closed northward on Friday, amid quarter end window dressing and low price attraction.
Nigerian Stock Exchange NSE

Profit taking: NSE market indices decline by 0.17 percent

The crucial market indices of the Nigerian Stock Exchange (NSE) dropped by 0.17 per cent on Thursday after the work-free day to mark the May 29 inauguration date.

MTN Nigeria records first loss after listing, amid profit taking

MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange after listing on May 16.

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Akwa Ibom State Governor Udom Emmanuel says it is unsafe to reopen schools in the state in view of the COVID-19 pandemic.

Akwa Ibom: It is unsafe to reopen schools now

Akwa Ibom State Governor Udom Emmanuel says it is unsafe to reopen schools in the state in view of the COVID-19 pandemic.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police arrest 121 persons for violating face mask order in Akwa Ibom

The police in Akwa Ibom State have arrested 121 people for violating the government’s directive on compulsory use of face mask in public places as a measure to curb the spread of the dreaded COVID-19 in the state.
Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus attends a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland, February 28, 2020. REUTERS-Denis Balibouse-File Photo

WHO urges countries to ‘wake up’ and halt coronavirus

The World Health Organization on Friday urged countries hit by serious coronavirus outbreaks to “wake up” to the realities on the ground instead of bickering, and to “take control”.
AbdulRahman AbdulRazaq of Kwara

Kwara governor reshuffles cabinet

Those affected are the Commissioner for Communication, Olanrewaju Murtala, who was moved to the Ministry of Agriculture and Rural Development, while the Commissioner for Agriculture and Rural Development, Harriet Adenike Afolabi Oshatimehin replaced Murtala in the Ministry of Communication.
Eddie Nketiah has revealed what he told Bukayo Saka immediately he replaced the injured Sead Kolasinac, in Arsenal’s 3-2 win against Everton at the Emirates in Sunday’s Premier League game.

Bukayo Saka, Nicolas Pepe shortlisted for Arsenal Player of the Month award

Bukayo Saka and Nicolas Pepe have been nominated for the Arsenal Player of the Month award for June following their eye-catching displays.